Aave remained in a tight range on Saturday, but a combination of strong technicals and soaring deposits means that it could rebound soon.
A new proposal to hardcode the price of Ethena's USDe to match Tether's stablecoin USDT in Aave's pricing feed has seen huge pushback from community members. The proposal, jointly authored by Chaos Labs and LlamaRisk claims to protect Aave users from secondary market fluctuations.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
The decentralized finance (DeFi) ecosystem experienced a remarkable comeback in 2024, culminating in a Total Value Locked (TVL) of $154 billion by December, the highest in two years. A key player in this revival is Aave (AAVE), which has emerged as the largest DeFi platform, achieving unprecedented growth and cementing its dominance.
Aave CEO recently announced plans to launch new innovative contracts on Lens Network. Smart contracts for social feeds and groups, ERC-20 new versions, and innovative ERC71 contracts are some of the highlights.
Leading decentralized finance (DeFi) platform Aave has reached a significant milestone, hitting $35 billion in total net deposits. This marks Aave's new all-time high (ATH) in net deposits since 2021.
Despite the DeFi renaissance, AAVE's daily chart shows looming bearish trends.
Aave (AAVE), the leading decentralized finance (DeFi) protocol, reached an all-time high in total deposits, surpassing $33.4 billion in 2024. This milestone marked a significant leap over Aave's previous peak during the 2021 bull market, cementing its status as one of the most prominent protocols in the rapidly evolving DeFi space.
The lending platform also introduced Aave V4 in 2024, and Aave's GHO stablecoin expanded to multiple blockchain networks.
Most traders expect Bitcoin price to hit new highs throughout 2025, and charts suggest ETH, SOL, SUI and AAVE could be the top-performing altcoins this year.
Typical of every New Year, analysts predict different assets in the cryptocurrency ecosystem. Usually, the projections rely on technical analysis, historical precedence and ongoing market dynamics.
The wider cryptocurrency market has retraced downward after December 17 saw Bitcoin (BTC) reach a new all-time high (ATH) price of approximately $106,490. Following the high, the price of BTC retreated to roughly $94,000, before a failed retesting of the $100,000 mark.
A bearish chart pattern could send Bitcoin price to $76,000. What will BNB, AAVE, XMR and VIRTUAL do in the meantime?
The anticipated altcoin season (altseason) may take a pause before its next boom.
Sonic, formerly Fantom, has passed the first stage of launching Aave's third-generation lending protocol on its blockchain.
The Head of Research at Intotheblock.com revealed that on Christmas Day, someone stashed 125,000 ETH into the decentralized finance (defi) platform Aave. The platform has been buzzing with activity throughout the last quarter of the year. $417 Million in Ether Stashed in Aave on Christmas On Dec.
58.9% of top AAVE traders held short positions at press time.
AAVE, the native token of the leading decentralized lending protocol, continues its impressive rally, approaching its highest price in three years. With a market cap of $5.5 billion, AAVE is firmly positioned as the largest lending protocol in the crypto space, surpassing all other top 10 lending platforms combined.
Polygon (POL, formerly MATIC) is going through a significant crisis as the AaveDAO is set to vote on a proposal to leave the blockchain due to security concerns. Finbold turned to artificial intelligence (AI) to analyze this context and provide a Polygon price prediction if this comes true.
AAVE price continues to surge, cementing its position as the biggest lending protocol in crypto with a market cap of $5.5 billion—more than all other top 10 lending protocols combined.
Aave and Lido together have surpassed $70 billion in net deposits for the first time in history, as per Token Terminal.
AAVE broke out of a bullish pattern, but the road to $400 has troubles.
Aave, a leading decentralized finance (DeFi) protocol, is considering integrating Chainlink's new Smart Value Recapture (SVR) oracle to address a growing issue in the space—maximum extractable value (MEV). This move could redirect profits from transaction backrunning, often extracted by third parties, back into the hands of Aave's users.
Money market Aave and liquid staking protocol Lido surpassed $70 billion in net deposits in December for the first time, according to data from TokenTerminal. As of press time, the two largest DeFi protocols hold a total $67.42 billion.
AAVE, the native token that powers decentralized finance (DeFi) lending protocol Aave, has surged 12% in price over the past 24 hours. This rally follows a recent proposal to integrate a new Chainlink oracle.
AAVE's surge is supported by a year-long increase in TVL coupled with increased fees reflecting higher usage and demand.
Amid the bulls & bears setting the dominance, AAVE price is on the second day of constant gains, rallying 18% in the last 24 hours. Interestingly, the token was bullish for days but fell with the crypto market crash, disturbing its performance.
The markets are slowly becoming more lenient towards altcoins as the liquidity flow from Bitcoin to the other cryptos appears to have begun. More than the recent ones, the older tokens are gaining more attention.
Aave is exploring Chainlink's Smart Value Recapture (SVR) oracle to address maximum extractable value (MEV).
Aave is considering incorporating a new Chainlink oracle that will redirect yields from transactions preemptive to the DeFi protocol's users.
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink's new oracle service.
Bitcoin could correct roughly 30% based on historical patterns.
AAVE has delivered impressive performance in the cryptocurrency market, experiencing a remarkable 13% rally as open interest in its futures grows substantially. Amid the uncertainty affecting the broader market, AAVE is defying the trend and capturing the attention of the crypto community.
AAVE price rebounded for the second consecutive day, erasing some losses from last week, as smart money investors bought in and exchange balances declined.
Aave (AAVE) could soar by 25% to reach the $415 level if it closes a daily candle above $340 mark.
The bullish expectations for Bitcoin seem to have shaken a bit as the price is struggling to keep up above $95,000 after experiencing bearish waves during the weekend. While altcoins were expected to follow the trend and some popular ones are doing so, cryptos like Algorand (ALGO) and Aave (AAVE) have stood apart.
Aave's sustained growth reflects its innovative approach, robust user engagement, and strong governance strategies.
Aave (AAVE) has proven itself to be a key player in the world of decentralized finance (DeFi). As one of the leading platforms for decentralized lending and borrowing, Aave has made significant strides.
Aave (AAVE), a leading decentralized finance (DeFi) token, has garnered increasing attention in recent weeks, especially from whales and smart decentralized exchange (DEX) traders. As the broader crypto market faces volatility, these key players seem to be strategically re-entering the market, particularly in response to recent price corrections.
Smart DEX traders and whales re-entered the market, buying AAVE in the recent price drop.
With Donald Trump's inauguration fast approaching, there are some cryptos that investors should be looking to have in their portfolio. This is based on the fact that these coins could record a two times increase in their price, considering the president-elect's pro-crypto stance.
The bullish performance of AAVE over the past month is at risk as sellers take over the market. As uncertainties grow, will the AAVE bull run take a plunge under $300 or continue to grow? Whales remain crucial.
Aave DAO delegate and service provider Aave Chan Initiative has initiated a proposal on the crypto lender's governance forum to deploy Aave v3 on Sonic.
Ethena Labs has partnered with World Liberty Financial to integrate its yield-bearing token, sUSDe, into WLFI's DeFi platform, aiming to enhance stablecoin liquidity and user rewards through a proposed governance initiative. The post Ethena Labs Partners with World Liberty Financial to Add sUSDe to Aave appeared first on Cryptonews.
As 2024 nears its close, the cryptocurrency market is once again showcasing its dynamic and volatile nature, capturing the attention of traders and investors navigating shifting trends.
The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon's proof-of-stake bridge.
Polygon, the Ethereum sidechain, has raised concerns over Aave's recent actions, accusing the DeFi platform of employing anti-competitive strategies to stifle competing protocols.